Re:I just had over a thousand Euros stolen and Revolut is si...
by jacquesm on Monday June 24, 2019 @05:12PM
(#20268544)
> personal and health reasons
That could easily be a way to say that he got threatened to leave that anti-money laundering system switched off 'or else'. Keep in mind that as soon as you create a way for organized crime to do their thing on your service and you are making money of them that they will happily consider you to be in their debt. It happens in the movies, and sometimes it happens in real life.
Someone I know peripherally had something like that happen to him because of a series of movie theaters. Not good, even if you are not aware that such things are happening.
This is why casinos, online gambling, bitcoin related stuff and payment systems as well as two-sided market places always require extra care, before you know it you have a bunch of criminal coat tail riders on board.
That could easily be a way to say that he got threatened to leave that anti-money laundering system switched off 'or else'. Keep in mind that as soon as you create a way for organized crime to do their thing on your service and you are making money of them that they will happily consider you to be in their debt. It happens in the movies, and sometimes it happens in real life.
Someone I know peripherally had something like that happen to him because of a series of movie theaters. Not good, even if you are not aware that such things are happening.
This is why casinos, online gambling, bitcoin related stuff and payment systems as well as two-sided market places always require extra care, before you know it you have a bunch of criminal coat tail riders on board.